#cheap loans for bad credit #

Homeowner loans

10,000 - 150,000

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Secured loans. Rates start from 7.3% APR. We also offer a range of products with rates up to 26% APR, which allows us to help people with a range of credit profiles. 15.3 APR typical variable.

Unsecured loans. 49.9% APR Representative

Find a low cost loan with Ocean

If you’ve applied for loans on the high street and been rejected, you might be despairing at ever getting accepted for a low cost loan. Get your loan quote from Ocean today. Whether you need a loan to make some changes to you home, to make a big purchase, or even to consolidate your debts, we may be able to help. All quotes are no obligation and won’t affect your credit rating.

You can borrow £10,000 to £150,000 over 5 to 25 years with a homeowner loan. or £2,000 to £5,000 over 2 to 4 years with a personal loan. Use our clever loan calculator to find out how much, approximately, your monthly repayments will be - simply enter a few details, such as how much you want to borrow, and how long for.

How do I get a low interest rate on my loan?

What determines a low interest rate at any given time will depend on the loans market and your personal circumstances. Generally, the interest rate will be affected by the current Bank of England base rate, the availability of credit in the market, and the demand for loans at any given time.

Your individual circumstances play a big part in the rate you’re offered. A low cost loan for somebody with a perfect credit history is likely to be cheaper than a low cost loan for a borrower with a less than perfect credit history. Here at Ocean, we have specific loans to help people with different credit profiles, and have competitive low-cost loans for people with good and fair credit ratings.

Ocean also have access to loans designed for people with a bad credit rating, who may find it more difficult obtaining a loan elsewhere. Even if you have a bad credit rating, we’ll do our best to find you a good deal.

Why Ocean?

Applying for a loan with Ocean is really quick and easy. Use our loan calculator to find out how much your monthly repayments might be, by simply giving us a few details – such as how much you’d like to borrow and how long for.

• Borrow from £10,000 to £150,000
• Our search won’t affect your credit rating
• We treat everyone as an individual, no matter what your circumstances, and if we can help, we will – whether you’ve poor credit or are self-employed
• No up-front fees

15.3% APR typical variable. 2 out of 3 customers will receive this rate or lower. Ocean Finance arranges secured loans from a panel of lenders. Ocean will receive a commission from the lender upon completion. A fee of 12.5% of the net loan amount, capped at £2975, is payable upon completion. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Unsecured loans 49.9% APR Representative. Ocean is part of Intelligent Lending Limited. We are a broker for the Ocean personal loan. R Raphael & Sons Plc are the lender. We will not charge you for arranging your personal loan but, if your application completes, the lender will pay us for our services.

Based on Feefo.com reviews - 99% of customers who left an Ocean Finance review recommend us with an average rating of 4.9 out of 5 from 469 reviews left by Ocean Finance customers (as of Nov, 2015)